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Above 0.72 And Targeting 200-DMA A....>

AUSSIE TECHS
AUSSIE TECHS: Above 0.72 And Targeting 200-DMA 
A stronger than expected CPI print yesterday and a dovish Fed meeting saw AUDUSD
break cleanly above the 0.72 level, reigniting upside momentum. The 200dma acts
as the next upside target at 0.7293 and a break here would open the Dec highs
just below 0.7400. Bears need to retake the 0.72 level to shift the outlook
neutral while a move back Friday's lows at 0.7076 would return the focus to the
38.2% retracement level at 0.7046.

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